Odoo: Best ERP For Wholesale Distribution Companies In Malaysia
Searching for the best ERP for distribution management? See how Odoo Malaysia can help your business.
9 February, 2023 by
Chuah Chun Yan

Odoo Malaysia: Best Distribution Management Software For Wholesale Distribution Business In Malaysia

In Malaysia, wholesale distribution is complex, high volumes, and fast-paced businesses. This often leads to challenges like poor inventory visibility and a lack of traceability in product movement.

Inefficient inventory management can slow down wholesale distribution operations. However, you can tackle these issues by embracing technology and innovation.

By using an ERP system tailored to wholesale distribution, you can streamline complex workflow and reduce errors caused by manual work.

In this blog, we'll dive into why why Odoo Malaysia ERP system is better than any other ERP. We'll specifically highlight 5 benefits of implementing Odoo Malaysia ERP for your distribution management needs.

5 Benefits of Implementing Odoo Malaysia ERP For Distribution Management

Odoo is one of the best ERP systems in Malaysia for effective distribution management. Because of Odoo's scalability and flexibility, you can easily manage every part of the business from warehouse transfers to inbound and outbound transfers.

Other than distribution management, what else Odoo Malaysia ERP can benefit wholesale distribution companies in Malaysia?

  • Improve customer relationship management (CRM)

  • Optimized inventory management

  • Full visibility into the customer order status

  • Automate accounting and financial management

  • Accurate reporting and forecasting

The image is showing a list of customers to follow up

Improve Customer Relationship Management (CRM)

When you have a list of leads to keep up with, Odoo CRM lets you pre-schedule a series of follow-up activities for each lead. 

This way, you will automatically get notified about what you need to do next after completing a previous action.

As a result, you'll never miss a lead or customer follow-up, ensuring you stay connected with your customers and turn them into actual clients!

Odoo Malaysia Inventory stock moves report

The image shows stock move reports

Optimized Inventory Management

You will always have the right inventory available when there is demand for it with Odoo ERP! 

In Odoo Inventory, the stock level is accurately updated in real-time, allowing you to forecast how much you will need to restock to maintain an optimal inventory level across all warehouses at all times.

This is particularly beneficial when you have to manage multiple warehouses of your business in Malaysia.

Odoo Malaysia Inventory delivery order status

The image shows real-time customer delivery order status

Full Visibility Into Customer Orders Status

With Odoo ERP, keeping track of customer order statuses becomes effortless, from the time the order is placed until it is delivered. 

Given full visibility in Odoo Inventory, you can quickly spot any possible delay in product shipment and address it promptly.

This means your customers' orders always reach them on time and to the right recipients, minimizing costs associated with rush orders or delayed shipments!

Odoo Malaysia Accounting journal entries

The image shows automated journal entries

Automate Accounting and Financial Management

Finally, automation by Odoo Accounting proves invaluable in financial data management especially when dealing with a huge volume of transactions each day. 

This automation cuts off the unnecessary errors that often arise from manual data entries.

Now, completing all the tedious financial data management tasks—such as bank reconciliation, journal entries, payment processing, tax calculations, and fiscal period closure—requires just a few clicks.

Odoo Malaysia Sales reporting dashboard

The image is showing a sales report for analysis

Accurate Inventory Reporting and Forecasting

The most significant benefit of using Odoo ERP is you are always in the loop with real-time inventory updates in Odoo Inventory. 

With automatic syncing of inventory data whenever changes occur on any other integrated apps, you no longer need to spend time updating and tracking inventory records manually.

So, you always have accurate inventory report readily available for accurate forecasting and quick decision-making!

Essential Modules of Odoo Malaysia for Wholesale Distribution Industries 

Odoo Malaysia has a range of features that can make distribution management easier, from boosting your sales to optimizing your inventory management.

With Odoo Malaysia by your side, you can take your wholesale distribution business to the next level.

Get ready to discover more features of Odoo Malaysia you need in the wholesale distribution business? Here we go.

Odoo Malaysia Sales ManagementSales Management:

How does Odoo Malaysia simplify sales management workflow? These 3 features answer your question.

Quotation template: Auto-populates the details to reduce repetitive data entry and send out a complete quotation in minutes.

Customer portal: Your customers can view their orders and invoices, keeping them up-to-date and engaged.

Pricing and discount management: Manage complex pricing strategies and apply discounts or coupons to orders.

Odoo Malaysia Purchase managementPurchase Management:

Looking for the best purchase order system in Malaysia? The system offering these features will be the optimal choice for you! So? Odoo Malaysia!

Automated reordering: Auto-generate RFQs when certain product drops below the minimum level, avoiding frequent out-of-stock issues.

Call for bid: Compare and contrast the purchase price, delivery lead time, and other factors among the vendors to choose the best deals.

Vendor price lists: Keep track of all past purchase prices of products as records.

Odoo Malaysia Inventory managementInventory Management:

How does Odoo Malaysia cater to different types of inventory management with its features? 

Inventory adjustment: Correct discrepancies between the actual quantity of a product in stock and the quantity recorded in your system.

Barcode scanning: Quickly receive and ship products with barcode scanning.

Lot/serial number: Lot/serial number helps you quickly identify which products are affected by a recall and take appropriate action.

Odoo Malaysia AccountingAccounting:

Can Odoo Malaysia also cater to financial management? Of course! Here are the reasons why you should use Odoo Accounting for financial management.

Deferred expenses & revenue models: Auto-post your expenses and revenue periodically and accurately.

Invoicing: Issue professional invoices and manage your accounts receivable.

Payment follow-up: Automate payment follow-ups to ensure on-time payments.

Odoo Malaysia CRMCustomer Relationship Management:

Does your business really need CRM software? No doubt, you need it no matter what size and industry your business is.

Lead management: Keep track of leads and convert them into opportunities.

Follow-up management: Schedule a sequence of follow-up activities per opportunity, ensuring you never miss following up with them.

Pipeline management: Gain a clear single view of the opportunity pipeline and move each opportunity across the pipeline with drag-and-drop.

Odoo Malaysia eCommerce ModuleeCommerce:

E-commerce is booming in Malaysian business, providing new cash flow opportunities and boosting revenue. There is no exception for the wholesale distribution business.

Website builder: Create a professional-looking website without coding.

Product catalog: Display products in an online catalog with descriptions and images.

Multiple payment gateways: Integrate popular payment gateways to make online transactions seamless.

These are just a few Odoo Malaysia features that can benefit wholesale distribution businesses. There are more Odoo Inventory Management System features for wholesalers to explore, and I hope they will be helpful!

Also, don't forget to check out our bonus read on 18 must-have features of a top-notch warehouse management system!

To win in an unpredictable market and fluctuating demand, Odoo Malaysia is the best choice of ERP system for wholesale distribution companies in Malaysia to perform better and easier.

Integration and automation in Odoo Malaysia can strengthen customer relationships, improve product move traceability, gain full visibility into customer order status, automate accounting and financial management, and forecast demand accurately.

Don’t just take our word for it, experience the power of the Odoo Malaysia ERP system by yourself! Schedule a demo with us now!